Ask Experts Questions for FREE Help !
Ask
    kitten64's Avatar
    kitten64 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Dec 19, 2007, 01:01 PM
    Break-even point
    If a firm has a break-even point of 20,000 units and the contribution margin on the firm's single product is $3.00 per unit and fixed costs are $60,000, what will the firm's net income be at sales of 30,000 units?
    kitten64's Avatar
    kitten64 Posts: 2, Reputation: 1
    New Member
    		  
    #2

    Dec 19, 2007, 01:05 PM
    When actual sales are greater than forecasted sales
    a) inventory will decline
    b) production schedules might have to be revised upward
    c)accounts receivable will rise
    d) all of the above
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Break-Even point [ 6 Answers ]

How much will profits increase for every unit sold over the break-even point?

Break-even point [ 1 Answers ]

How much will profit increase for every unit sold over the break-even point?:confused:

Break-even point [ 3 Answers ]

What happens at a company's break-even point? How can you compute the break-even point for a company? How can a change in costs for a product or service be incorporated into the break-even calculation?

View more questions Search